Commitment

Mr. Masa Igata, Founder & CEO of Frontier Securities, has more than 30 years of professional experience in Asian financial markets. Prior to establishing Frontier Securities in 2007, he had been a Managing Director at Salomon Brother/Citigroup/Nikko Citigroup in Tokyo leading the company to be the most profitable foreign investment bank in Japan for more than the decade. After leaving the firm in 2004, Mr. Igata became fascinated by Mongolia’s fast-growing economy, and began to develop the close relationship with Mongolia since then.

Also, with his proven expertise on cross-border capital raising, Mr. Igata has been actively promoting Mongolian investment opportunities to foreign investors and advocating capital market’s best practices in Mongolia to ensure and enhance its access to foreign investors through a full range of financial services, corporate access and research. Hosting Invest Mongolia is one of the service to facilitate his own company and investors to access to the Government and the Business. On top of these, he has extensively advised the Government of Mongolia, several government agencies and major corporate in Mongolia on fund raising, corporate governance and increasing the value.

In addition to being CEO of Frontier Securities, Mr. Igata Is Director of Prophecy Development which is a Canadian public company listed on the Toronto Stock Exchange (PCY). Prophecy's objective is to advance Gibellini primary vanadium mining project in the battle mountain region in north eastern Nevada to production.

Also, Mr. Igata is senior advisor at Emerging Markets Capital, a private mining investing firm based in Hong Kong. The firm invests primarily in mining equities listed on the TSX and ASX, through both private placements and through the secondary market.

Mr. Igata is a certified member of the Securities Analyst Association of Japan.